OneAmerica Distributing Premier Trust Plan Solution through Reps

March 22, 2011 (PLANSPONSOR.com) - McCready and Keene, a OneAmerica company, announced that its trust solution platform, Premier Trust, is now available for distribution via registered representatives.

“The ability to sell a retirement plan on the Premier Trust platform means registered representatives can now offer clients greater flexibility with a robust and extensive array of fund options,” said Bill Yoerger, senior vice president of the retirement services division of American United Life Insurance Company (AUL), a OneAmerica company, in the announcement.

Premier Trust was launched in late 2010 to target plans with assets of $5 million and above (see OneAmerica Launches Trust Offering). It provides full fee transparency and can use open architecture to provide access to thousands of mutual funds, or plan sponsors can choose from a pre-screened line-up of 200 investment options from 38 fund families.

In addition, the program offers quarterly due diligence reporting and a customized approach based on an open investment platform.

Wilmington Trust will serve as trustee and trading partner for Premier Trust plans sold by registered representatives.